White Dana 4

What Happened

• Dana White, a director of Meta Platforms, Inc., had 110 RSUs settle on February 15, 2026. The Form 4 reports 110 shares acquired via exercise/conversion of a derivative (code M) at a reported price of $0.00 and 110 shares disposed (also reported under code M) at $0.00. The $0.00 reporting reflects conversion/settlement of RSUs rather than an open‑market purchase.

Key Details

• Transaction date: 2026-02-15; Filing date (Form 4): 2026-02-18.
• Reported amounts/prices: 110 shares acquired @ $0.00; 110 shares disposed @ $0.00.
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• Footnotes included in the filing:
  • F1: Shares acquired in connection with settlement of the RSUs listed in Table II.
  • F2: Each RSU converts to 1 share of Class A common stock upon settlement.
  • F3: The RSUs vest quarterly (1/16th each quarter) beginning May 15, 2025, subject to continued service.
• Transaction code: M = exercise or conversion of a derivative security; the filing shows both acquisition and disposal lines for the same share count.

Context

• This was a settlement/conversion of RSUs (award vesting), not a cash purchase or open‑market sale. The filing shows an immediate disposition of the same 110 shares but does not state the reason for the disposition (e.g., tax withholding or transfer), so no inference about sentiment should be made. For retail investors, RSU settlements are routine compensation events for executives/directors and do not necessarily signal buying or selling intent.